Kyle Benson, the owner-president of Iris Co., is unfamiliar with the statement of cash flows that you,

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Kyle Benson, the owner-president of Iris Co., is unfamiliar with the statement of cash flows that you, as his accountant, prepared. He asks for further explanation.

Instructions Write him a brief memo explaining the form and content of the statement of cash flows as shown in Illustration 12-14 (page 602).

ETHICS CASE

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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